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EUR/USD Pulls Back — This Is Support, Not a ReversalEUR/USD – 1H QUICK ANALYSIS Technical Price rejected from the upper resistance zone (~1.1800–1.1810). Current move is a healthy pullback toward the support zone (~1.1760–1.1770). Structure remains higher highs & higher lows → bullish continuation favored. Expected path: support hold → higher low → retest resistance. Key Levels Support: 1.1760–1.1770 Resistance / Target: 1.1800 → 1.1850 Macro Drivers USD softness as markets price in 2025 Fed rate cuts. ECB remains relatively hawkish vs Fed, supporting EUR. Risk sentiment stabilizing → favors EUR over USD. Bias Buy on pullbacks at support. Bullish invalidation only if price breaks below 1.1760.
Long
by Matthew_TradeRFX
Bitcoin Is Not Weak — This Is Liquidity CompressionCURRENT MARKET ANALYSIS – BTC/USD (H1) Market Context Bitcoin is currently trading in a compressed structure after a prolonged sideways range, following a strong rejection from the upper resistance zone. This move is not a trend reversal, but a liquidity-driven correction within a broader consolidation phase. Structure & Price Behavior The market previously formed a clear range between resistance (upper red zone) and support (lower gray zone), with multiple liquidity sweeps on both sides. Price has now returned to the lower boundary of the range, where demand historically stepped in. The recent sell-off shows weak follow-through, suggesting selling pressure is decreasing, not accelerating. Technical Signals Price is currently below EMA 34 and EMA 89, indicating short-term bearish pressure. However, price is reacting at the range support, not breaking impulsively — a key sign of absorption rather than distribution. The structure suggests a potential spring / false breakdown, commonly seen before range expansion. Probable Scenarios Primary Scenario (Higher Probability): Price holds the 86.5k–87.0k support zone Short-term base formation Rotation back into the range Continuation toward 88.8k → 89.5k → 90.6k Invalidation Scenario: A strong impulsive breakdown below the support zone with volume This would open risk toward deeper downside liquidity Market Conclusion Market State: Sideways → Compression Current Phase: Liquidity absorption at range support Bias: Cautious bullish reversal from support Strategy: Patience — wait for confirmation, do not chase volatility 👉 Bitcoin is not breaking down it is building energy. The next expansion will be clear once the range resolves.
BITSTAMP:BTCUSDLong
by RexTraderSignal
Gold Reaches Fresh Record HighsHello my friends, Gold prices continue to surge, reaching a record high around 4,505 USD during this morning’s trading session. The precious metal is being driven higher by rising safe-haven demand as the Israel–Iran conflict and escalating tensions between the United States and Venezuela fuel geopolitical uncertainty. In addition, recently subdued U.S. inflation and weak labor market reports have increased market expectations for at least two 25-basis-point rate cuts from the Federal Reserve next year, a backdrop that is clearly supportive for gold. From a technical perspective, there are no signs of weakness in gold. The nearest support stands around 4,470 USD. As long as prices remain above this level, any short-term pullbacks are considered healthy, and buyers retain the upper hand until a new high is formed.
OANDA:XAUUSDLong
by Trade_and_Chill-
1
Ethereum Isn’t Breaking Down — It’s Absorbing SupplyETH/USD – QUICK ANALYSIS (1H) Market Structure ETH remains inside a well-defined range Current pullback = healthy retracement, not trend failure Structure still favors higher low formation Key Levels Support zone: 2,930 – 2,950 Range high / Resistance: 3,040 – 3,080 Major resistance above: ~3,180 – 3,200 Price Behavior Sellers failed to push price below support → absorption Buyers stepping in near range low = re-accumulation Volatility contracting → expansion likely next Outlook Base case: Bounce from support → retest range high Bullish continuation: Acceptance above 3,080 Bearish risk only if: Clean break below 2,930 Bias Neutral → Bullish Strategy: Buy support, sell resistance until breakout
BITSTAMP:ETHUSDLong
by Gold_Dominator
EUR/USD Isn’t Chasing — It’s Preparing the BreakEUR/USD – QUICK ANALYSIS (1H) Technical Structure Strong impulsive push up, followed by a controlled pullback Price holding above former minor resistance → bullish flip Current consolidation = bullish continuation base, not distribution Key Levels Support: 1.1770 – 1.1780 Upside targets: T1: 1.1804 T2: 1.1819 Price Behavior No aggressive sell-off → sellers weak Pullbacks are shallow → buyers defending structure Momentum remains intact as long as price holds above support Macro Drivers USD softness: Markets pricing in a more cautious Fed path into year-end ECB stance: Still relatively firm vs. Fed → supports EUR Risk sentiment: Stable risk-on tone favors EUR over USD Bias Bullish continuation Strategy: Buy pullbacks above 1.1770, avoid chasing highs
Long
by Gold_Dominator
EUR/USD Is Not Chasing the TopEUR/USD – 1H 1. Technical Structure EUR/USD has cleanly bounced from the demand zone (1.1700–1.1720), confirming strong buyer defense. Price has now broken above the former resistance zone (~1.1755–1.1765), flipping it into short-term support. The sequence of higher lows + impulsive bullish candles confirms a trend continuation phase, not a mean reversion. ➡️ This is a post-breakout consolidation, not exhaustion. 2. Key Levels Immediate Support: 1.1750–1.1760 (previous resistance → support) Major Support: 1.1700 Upside Liquidity / Target: 1.1800–1.1820 (equal highs & resting buy stops) Price behavior suggests acceptance above the range, which statistically favors continuation. 3. Projection Scenarios Primary Scenario (High Probability): Shallow pullback into 1.1755–1.1760 Higher low formation Expansion toward 1.1800+ Potential liquidity sweep above prior highs Invalidation: Acceptance back below 1.1735 Would signal a false breakout → range re-entry 4. Macro & Fundamental Drivers USD Side Weakness Markets are increasingly pricing Fed rate cuts in 2025, reducing USD yield attractiveness. Recent US data shows cooling inflation momentum, limiting further USD upside. EUR Side Support ECB remains more cautious on easing, keeping rate differentials from widening further against EUR. Risk sentiment has improved → capital rotates out of USD safety and into EUR exposure. ➡️ Macro context supports EUR strength, not fights it. 🧠 Final Takeaway EUR/USD is not overextended it’s transitioning from compression to expansion. Structure: Bullish Momentum: Controlled Macro: Supportive Liquidity: Above current price As long as price holds above 1.1750, the bias remains up, with 1.1800–1.1820 acting as the next magnet.
Long
by Matthew_TradeRFX
1
Ethereum Isn’t Pulling Back — It’s Building the LaunchpadETHEREUM (ETHUSD) – 1H 1. Market Structure ETH remains in a broader bullish structure, with price holding well above the major support zone (~2,760–2,800). The recent decline from the local high is corrective, not impulsive — showing controlled profit-taking. Current price is stabilizing around 2,960–2,980, forming a higher low relative to the previous swing. ➡️ This is a bullish pullback inside an uptrend, not a reversal. 2. Key Zones Support Zone: 2,900–2,940 → Buyers are actively defending this area. Resistance Zone: ~3,160 → This is the next major liquidity target and prior supply zone. Price is compressing between support and mid-range — a classic pre-expansion structure. 3. Price Path Scenarios Primary Scenario (Bullish Continuation): Hold above 2,900 Push back toward 3,040 → 3,100 Final breakout attempt toward 3,160 resistance If liquidity above 3,160 is taken → continuation toward higher highs Invalidation Scenario: Clean acceptance below 2,880 Would open downside toward 2,820–2,780 support Only then would structure turn neutral 4. Momentum & Context No signs of aggressive selling or distribution. Pullback shows overlapping candles, indicating sellers lack conviction. ETH is still tracking Bitcoin’s range behavior, suggesting synchronized expansion when BTC breaks. ➡️ Market conditions favor patience + positioning, not panic. 🧠 Final Takeaway Ethereum is not rejecting resistance it’s absorbing it.
COINBASE:ETHUSDLong
by Matthew_TradeRFX
Bitcoin Isn’t Weak — It’s Reloading Inside LiquidityBITCOIN (BTCUSD) – 1H 1. Market Structure BTC is clearly range-bound, trading between a well-defined support zone (~85,100–85,500) and resistance zone (~90,200–90,500). The recent drop from resistance was impulsive but controlled, stopping cleanly at mid-range support — not a breakdown. Current candles show stabilization near support, suggesting sellers are losing momentum. ➡️ This is rotation inside a range, not trend failure. 2. Liquidity Logic The range is acting as a high-liquidity environment: Buy stops above 90K Sell liquidity pooled below 86K Price is likely to sweep liquidity on both sides before committing to direction. ➡️ Sideways markets exist to build fuel, not to trap strong trends. 3. Scenarios Ahead Primary Scenario (High Probability): Hold above 85,800–86,200 Rotate higher toward 88,500 → 90,000 Possible liquidity sweep near range highs before decision Bearish Invalidation: Acceptance below 85,000 That would open downside toward 83,500–84,000 4. Macro & Financial Context USD remains mixed, with no decisive strength limiting downside pressure on BTC. Risk sentiment is neutral, favoring consolidation rather than panic selling. Spot demand remains steady; no signs of forced deleveraging. ➡️ Macro conditions support compression, not breakdown. 🧠 Final Takeaway Bitcoin is not breaking down it’s ranging with intent.
BITSTAMP:BTCUSDLong
by Matthew_TradeRFX
1
EURUSD Is No Longer Correcting — Macro Pressure EURUSD – H1 | Technical + Macro-Driven Analysis 1. Price Structure EURUSD has reclaimed structure from the support zone and is printing higher highs & higher lows. The previous resistance zone has been broken and accepted, not rejected → this is structural confirmation, not a fake breakout. Current price action shows impulse → pullback → continuation, typical of an early bullish leg. ➡️ As long as price holds above the former resistance (now support), the bullish scenario remains valid. 2. Key Technical Zones Support: 1.1700–1.1720 (buyers defended aggressively here) Current acceptance: ~1.1760–1.1780 Upside target: 1.1800–1.1830 (previous liquidity high) Pullbacks are shallow and corrective no distribution signal yet. 3. Macro & Financial News Impact USD Side (Bearish Pressure): U.S. data has softened expectations for near-term Fed tightening. Treasury yields are stabilizing → USD loses momentum. Market pricing leans toward a more patient Fed stance, reducing USD demand. EUR Side (Supportive Factors): ECB rhetoric remains less dovish than the Fed, narrowing rate-differential pressure. Risk sentiment is stabilizing → capital rotates out of USD safe-haven positioning. European data resilience supports EUR relative strength. ➡️ The macro backdrop currently supports EUR upside rather than USD strength. 4. Scenario Outlook Primary Scenario (High Probability): Minor pullback / consolidation above 1.1750 Continuation toward 1.1800–1.1830 liquidity zone Invalidation: A clean break and hold below 1.1720 would invalidate the bullish structure and shift back to range conditions. 🧠 Final Takeaway This move is not a random bounce. EURUSD is aligning technical structure + macro tailwinds, which increases the probability that this is trend initiation, not the end of a correction.
Long
by Matthew_TradeRFX
ETH Is Pulling Back for FuelETH/USD – KEY POINTS (1H) Structure Overall bullish structure intact Current move = healthy pullback into demand, not trend reversal Key Zone Support: 2,940 – 2,960 (demand + EMA confluence) Upside target: 3,050 → 3,100 if support holds Price Action Sharp sell-off loses momentum at support Buyers stepping in near prior accumulation area Macro Context Crypto risk-on bias remains as USD stays soft No negative macro shock → pullback seen as re-accumulation Bias Bullish continuation Focus on reaction at support, not chasing candles
COINBASE:ETHUSDLong
by Raphael_TraderGOLD
Gold Breaks the Channel — Momentum Is Still BuildingGOLD (XAUUSD) – 1H QUICK VIEW Technical Clear breakout above ascending channel resistance → bullish continuation signal. Price holds above EMA34 & EMA89, confirming strong trend control. Current move = breakout → shallow pullback → potential next impulse. As long as price stays above the broken trendline, upside bias remains valid. Key Levels Immediate support: ~4,450 – 4,430 (retest zone) Upside extension: 4,520 → 4,580+ Macro / News Context USD remains under pressure as markets price in future rate cuts. Real yields stay soft, supporting non-yielding assets like gold. Ongoing geopolitical tensions & central bank gold accumulation keep demand elevated. Bias Buy pullbacks, not breakouts. Trend remains bullish unless price falls back inside the channel.
OANDA:XAUUSDLong
by Raphael_TraderGOLD
Gold Is Not Overbought — This Is a Controlled ExpansionGOLD (XAUUSD) – SHORT ANALYSIS (1H) Technical Strong impulsive uptrend with shallow pullbacks → bullish strength. Price holds well above EMA34 & EMA89 → trend intact. Previous resistance (~4,430–4,450) flipped into key support. Current move = impulse → brief consolidation → continuation. Key Levels Support: 4,430 – 4,450 Upside continuation: 4,520 → 4,580+ Macro / News Drivers USD softness and easing real yields support gold. Ongoing rate-cut expectations keep dip-buying active. Persistent geopolitical risk & central bank demand underpin bullish bias. Bias Buy the pullbacks, not chase highs. As long as price holds above the new support, trend continuation remains the base case.
OANDA:XAUUSDLong
by Raphael_TraderGOLD
EUR/USD Is Resting, Not Reversing.EUR/USD – SHORT & CLEAN ANALYSIS (1H) Structure Clear trend shift: break of descending trendline → higher highs & higher lows Current move = bullish continuation, not exhaustion Key Zones Support: 1.1740 – 1.1760 (former resistance + EMA cluster) Upside target: 1.1800 – 1.1810 Price Action Pullbacks are shallow → buyers in control No strong rejection candles → selling pressure weak Macro Context USD remains soft as markets expect a slower Fed path into year-end EUR supported by stable ECB stance and risk-on sentiment Bias Bullish Focus on buy-the-dip above support, avoid chasing tops
Long
by Raphael_TraderGOLD
2
the Trend Is Still Intact Unless This Support BreaksETH/USD (H1) — MARKET STRUCTURE & TECHNICAL ANALYSIS 1. Market Structure Overview Ethereum remains within a medium-term bullish structure, despite the current pullback. The prior impulsive leg confirmed bullish market control Current price action is a technical retracement, not a trend reversal Structure still respects higher highs – higher lows on the broader intraday context This correction is best classified as healthy consolidation after expansion. 2. Key Technical Zones Support Zone: 2,918 – 2,900 → This is the most important decision area. It aligns with prior demand and breakout base. Target 1: ~3,060 Target 2: ~3,160 As long as price holds and reacts positively from the support zone, upside continuation remains valid. 3. Price Action Behavior Selling pressure is controlled, not impulsive No strong bearish displacement or breakdown structure Candles show decreasing momentum into support, signaling potential absorption This suggests sellers are distributing profit, not initiating a new bearish trend. 4. Scenario Outlook Primary Scenario (High Probability): Price tests the support zone (liquidity sweep possible) Buyers step in → higher low formation Recovery toward Target 1, followed by continuation to Target 2 Invalidation Scenario: Strong H1 close below the support zone Acceptance below → deeper correction toward lower demand levels Until that happens, the bullish bias remains intact. 📰 CRYPTO MARKET NEWS UPDATE (MACRO CONTEXT) 1. Bitcoin ETF Flow & Market Sentiment Spot Bitcoin ETFs continue to show stable institutional inflows This supports risk-on sentiment across the crypto market Ethereum often follows BTC strength with delayed expansion → This backdrop favors buy-the-dip behavior, not panic selling. 2. Interest Rate Expectations & USD Markets are increasingly pricing in rate stability / future easing A weaker USD environment historically supports crypto and risk assets No hawkish surprise from central banks so far → Macro conditions remain neutral-to-positive for ETH. 3. Ethereum-Specific Narrative Ongoing anticipation around scaling improvements and ecosystem growth No negative protocol-related news impacting Ethereum at this time Network fundamentals remain stable Conclusion ETH is correcting within strength, not breaking down. Trend: Bullish (intact) Short-term: Pullback → Re-accumulation Strategy: Patience at support, avoid chasing price mid-range The market is currently testing conviction, not changing direction. The next impulsive move will define the short-term trend — and the support zone is the key.
OANDA:ETHUSDLong
by RexTraderSignal
XAUUSD H1 CHART ANALYSIS I 12/241. Trend Overview Primary Trend: Gold is in a strong Bullish trend. This is clearly indicated by the ascending trendline starting from the lows below 4,360. Market Structure: The price is consistently forming Higher Highs (HH) and Higher Lows (HL). Currently, the price is showing signs of consolidation around the most recent peak. 2. Volume Profile Analysis The Volume Profile on the left side of the chart reveals key areas of liquidity: POC (Point of Control) – ~4,484: This is the price level with the highest traded volume. The price is currently reacting just above this level, making it a pivotal support zone. As long as price stays above the POC, the upward momentum remains healthy. VAH (Value Area High) – ~4,499: This represents the upper boundary of the Value Area. The price recently broke above this level and is currently "retesting" it. VAL (Value Area Low) – ~4,424: This is a major support zone further down. In the event of a deep correction, this would be a primary area for buyers to re-enter. 3. Potential Price Scenarios Scenario 1: Bullish Continuation If the price stabilizes and closes firmly above the 4,500 level (a psychological barrier near the VAH), Gold is likely to target higher levels such as 4,520 or beyond. Recent candles show lower wicks (rejection), indicating buying pressure stepping in whenever the price touches the POC zone. Scenario 2: Technical Correction If the price fails to hold the 4,484 (POC) support, Gold may enter a short-term corrective phase toward the Trendline (roughly the 4,460 – 4,470 area). A correction like this is often considered healthy for the market to "reset" before the next leg up. 4. Trading Strategy Reference Long Entry (Buy): Look for buying signals around the 4,484 (POC) zone or a confirmed breakout above the 4,500 resistance with high volume. Stop Loss (SL): Ideally placed below the immediate support or the ascending trendline (around the 4,450 area). Take Profit (TP): Target the recent swing high at 4,525 and subsequent round numbers. Note: Gold is trading at historically high levels according to this chart (4,4xx range). Be sure to monitor fundamental drivers such as the DXY (US Dollar Index) or Fed announcements to complement this technical view.
OANDA:XAUUSD
by Geka_Trader
POTENTIAL OF GBP/USD H1 CHART I 12/24Potential Scenarios Continuation Scenario: The price consolidates around the POC (1.3513) and then successfully breaks above the VAH Zone (1.3540). If it clears this level, the next targets would be toward 1.3570 - 1.3580. Correction Scenario: The price fails to hold the POC level and returns to retest the ascending trendline or the deeper VAL Zone (1.3450). This could provide a pull-back entry opportunity for trend-following buyers. Summary: Buyers still hold the advantage due to the uptrend structure, but the price is in a sensitive area (VAH and POC). It is wise to wait for a clear price reaction at 1.3513 before making the next move. As always, "Remember the goal" within your risk management strategy.
by Geka_Trader
1
BTC/USD CHART H1 ANALYSIS I 12/241. Price Structure and Trend Short-term Trend: The price is currently in a corrective downtrend. A clear descending trendline (the black diagonal line) is acting as dynamic resistance, originating from the $90,800 peak. Consolidation: After the recent drop, the price is moving sideways in a tight range, attempting to find a floor between $87,000 and $87,600. 2. Volume Profile Analysis The chart utilizes Volume Profile visible range, which highlights where the most trading activity has occurred: POC (Point of Control) – $87,619: This is the price level with the highest traded volume. Currently, the price is struggling just below this level. It acts as the "gravitational center"; staying below it keeps the immediate bias bearish. VAH (Value Area High) – $89,163: This represents the upper boundary of the value area. It serves as a major overhead resistance target if a breakout occurs. VAL (Value Area Low) – $87,093: This is the critical support zone. The price is currently testing this floor. If the price fails to hold above VAL, we could see a slide toward the $86,400 liquidity zone. 3. Key Technical Observations Candlestick Patterns: We see several candles with long lower wicks near the VAL ($87,093), suggesting some buying interest is stepping in to defend this level. However, the lack of follow-through indicates buyers are still cautious. Volume Gaps: There is a "Low Volume Node" (a gap in the histogram) between $88,000 and $89,000. This means if Bitcoin can reclaim the POC ($87,619), the price could move upward very quickly toward the VAH due to a lack of historical resistance in that specific pocket. Potential Scenarios Bullish Scenario: BTC needs to break above the descending trendline and close a 1h candle decisively above the POC ($87,631). This would open the door for a rally toward $89,165 (VAH). Bearish Scenario: If the price loses the VAL ($87,088) support level, the downtrend will likely extend, searching for deeper liquidity around the $85,000 - $86,000 range. Summary: The market is at a crossroads. Watch the $87,619 level closely; it is the "pivot point" for the next move.
BITSTAMP:BTCUSD
by Geka_Trader
EUR/USD Weekly: Structural Shift; Long-Term Bearish TrendSummary: OANDA:EURUSD EUR/USD has transitioned from a bullish to a bearish structure on the weekly timeframe, indicating a potential long-term reversal. Over the past 168 days, price action confirmed a market structure shift after breaking the swing low established during the week of June 30, 2025. This breach marked the beginning of a bearish phase. Key Technical Observations: Bearish Pin Bar Confirmation: During the week of September 15, 2025, a textbook bearish pin bar formed, invalidating prior buying orders and reinforcing bearish sentiment. Resistance Zone & Accumulation Phases: Strong resistance persists between 1.17774 – 1.18299, acting as the primary accumulation zone following the initial phase from July 28 to September 29, 2025. Current price action suggests we are in Phase Two of the buying climax, targeting this resistance before a potential rollover. Lower Highs & Lower Lows: The market continues to print lower highs and lower lows. The bearish mother bar from July 28, 2025 remains dominant, with multiple inside bars failing to break its high—evidence of sustained bearish pressure. Liquidity & Institutional Activity: The 1.1299 level is a critical liquidity pool and may see a third test. Volume Price Analysis indicates repeated invalid buying attempts on up legs, likely driven by institutional positioning to absorb retail buy-side liquidity. Recent upticks appear to be profit-taking and repositioning rather than genuine bullish momentum. Outlook: Expect EUR/USD to remain under bearish pressure, with a potential rollover during the first 5–7 months of 2026. Unless the key resistance zone is decisively breached, the structural bias favors sellers. Charting Primary Trend: Bearish Key Resistance: 1.17774 – 1.18299 Critical Support / Liquidity Zone: 1.13900
Short
by ThePipAssassin
Gold Hits a New All-Time HighHello everyone, let’s take a look at XAUUSD today. Gold continues its strong rally, trading around 4,480 USD, up more than 111 USD compared to the same time yesterday. Notably, this marks a new all-time high, decisively breaking above the previous peak. The sharp rise is driven by surging safe-haven demand at the start of a shortened trading week due to holidays, amid escalating geopolitical tensions. Gold gained further momentum after weekend reports that the United States is pursuing a third oil tanker near Venezuela. According to a U.S. official, President Trump has intensified oil sanctions against the government of Nicolás Maduro. Bloomberg reported that the tanker being pursued was operating under a false flag and is subject to a court seizure order, believed to be the Bella 1, a Panama-flagged vessel sanctioned by the U.S. These actions follow earlier incidents in which the U.S. military boarded the supertanker Centuries and previously the vessel Skipper. The blockade appears to be pressuring Venezuela’s oil storage capacity and could lead to production declines and broader civil instability. From a technical perspective, the next upside target for February gold futures bulls is a break above the strong resistance at 4,500 USD per ounce. Initial support is seen at 4,400 USD, followed by the overnight low at 4,365 USD. I remain bullish on gold—what’s your view?
OANDA:XAUUSDLong
by Trade_and_Chill-
Aurora: PullbackIn the last seven days, Aurora initially saw a significant move upward, but sharp sell-offs at the end of last week erased nearly all of December's gains. These declines are, however, in line with our expectations: We still anticipate new lows within our green Target Zone between C$5.58 and C$3.84. Once the interim correction of the magenta wave (2) is complete, we expect a sustainable continuation of the overarching upward impulse. Wave (3) should then pave the way for gains above the resistance at C$11.97.
TSX:ACB
by HKCM_Global
1
ETH/USD is on the Edge...🔹 MARKET BRIEFING – ETH/USD (1H) Market State: – Ethereum is currently trading within a descending channel, with price testing the lower boundary of the demand zone. There’s a clear structure setting up for a potential downside move toward the lower targets. Key Levels: – Supply Zone: ~3,170 – 3,180 – Demand Zone (Support): ~3,060 – 3,070 – Target 1 (TP1): ~3,014 – Target 2 (TP2): ~2,913 Next Move: – A rejection at the supply zone may trigger a strong downside move toward the demand zone, with targets set for 3,014 and 2,913. If the demand zone holds, ETH/USD could rebound to test the upper boundary of the descending channel.
BITSTAMP:ETHUSDShort
by Matthew_TradeRFX
1
Based on the XAUUSD (Gold) 1h I 23/12Market Structure and Trend Primary Trend: Gold is currently in a very strong and steep uptrend. Trendline: There is an ascending trendline (black line) providing excellent support for the price. Currently, the price is trading above this line, indicating that buyers are in complete control of the market. Value Area Analysis (Volume Profile) VAH (Value Area High): 4,474.525. The price has now moved above this zone, showing a state of bullish imbalance (the price is in a Bullish Discovery phase). POC (Point of Control): 4,408.760. This is the level with the highest trading volume from the previous period, acting as a very strong psychological support level if a deep correction occurs. VAL (Value Area Low): 4,378.692. This marks the lower boundary of the previous value area. Candlestick Action and Market Pressure Buying Power: Continuous long green candles indicate very decisive upward momentum. Current Signs: After creating a short-term peak near the 4,500 area, the price is undergoing a slight pullback toward the VAH zone. The most recent candle is a green candle attempting to hold the price above the 4,474 level (VAH). Volume: The Volume Profile on the right shows a large accumulation of volume at the POC and a volume gap (low volume node) where the price spiked, meaning the price moved up very quickly with little resistance. Potential Scenarios Scenario 1: Retest and Continuation (Retest & Go) The price may correct to touch the VAH zone (4,474) or the black trendline. If buying pressure appears here (long lower wicks), the price will likely continue its momentum to reach higher milestones such as 4,520 or beyond. Scenario 2: Deeper Correction (Deep Pullback) If the price closes below the 4,474 level and breaks the trendline, a deeper correction toward the POC zone (4,408) could occur to re-accumulate before new developments take place. Technical Notes Key Support: 4,474 (VAH) and 4,408 (POC). Target Resistance: The 4,500 - 4,510 area. In such a steep uptrend, remembering the goal and maintaining discipline is very important. You should prioritize observing reactions at the trendline and the VAH zone to find trend-following opportunities.
OANDA:XAUUSD
by Geka_Trader
GBP/USD ANALYSIS H1 CHART I 12/23Market Structure and Trend Current Trend: The price is moving within a very clear ascending channel (Uptrend channel) marked by two parallel upward lines. Price Position: The price has just touched the upper boundary of the channel and is showing signs of a wick rejection, indicating short-term profit-taking pressure at this resistance zone. Value Area Analysis VAH (Value Area High): This is the top of the value range, currently coinciding with the price level around 1.3500. The price is reacting exactly at this threshold. POC (Point of Control): Located around 1.3459. This is the level with the highest accumulated trading volume, acting as a magnet for the price if a correction occurs. VAL (Value Area Low): Situated lower at the 1.3412 area, marking the lower limit of the value area during this period. Price Action and Volume Price Push: Previous long green candles show very active buying power as the price climbed along the center line of the rising channel. Current Signal: The most recent candle is a red candle (or has a long upper wick) right at the VAH zone. This suggests the price is struggling to completely break above the high value area to establish a new price floor. Potential Scenarios Scenario 1: Technical Correction (Healthy Correction) The price may correct from the top of the channel to retest the POC zone (1.3459). This is a necessary pullback to gain momentum before continuing the uptrend. If the POC holds firm, the uptrend remains very sustainable. Scenario 2: Continued Momentum (Breakout) If the price consolidates sideways around 1.3490 - 1.3500 and then breaks decisively above the upper channel line, GBP/USD will enter a strong acceleration phase (moving outside the current value area). Notes for Trading Goals Immediate Support: 1.3459 (POC) and the lower boundary of the channel. Immediate Resistance: 1.3500 (Round number and VAH zone). A suitable strategy is usually to observe the reaction at the POC to find trend-following buying opportunities, or to be cautious with "chasing" buys at the top of the channel without a clear breakout.
by Geka_Trader